Angel Studios, Inc. logo

Angel Studios, Inc.

ANGX

NYSECommunication ServicesEntertainment

Latest quote

$4.33

−$0.035 · -0.80%

Aug 21, 3:55 PM ET

ANGX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

96

Deep Value

Momentum

19

Strong Down

Sentiment

43

Mixed

Risk resilience

37

High Risk

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Company profile

Company website

Angel Studios, Inc., established in 2013 and headquartered in Provo, Utah, operates a streaming service dedicated to producing and distributing movies and television series from various creators. Through its platform, the company offers subscribers access to a diverse catalog of films, shows, and documentaries appropriate for viewers of all ages. Beyond its digital streaming offerings, Angel Studios also engages in online retail, selling physical media like DVDs, Blu-ray discs, and a selection of books, alongside providing content licensing services. A distinctive feature of their model is fostering a community-driven approach where fans can actively invest in and help promote new productions. The company underwent a name change from VidAngel, Inc. to Angel Studios, Inc. in March 2021.

Industry
Entertainment
Sector
Communication Services
Headquarters
US
CEO
Neal S. Harmon
Listed since
Sep 11, 2025
Employees
301

Market position

Volume
903.08K
0.64× average
Average volume
1.42M
Average daily volume
Market cap
736.68M USD
Beta
-0
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
781.45M USD
P/E (TTM)
-4.65×
P/B (TTM)
-27.4×
P/S (TTM)
1.78×
EV / EBITDA
-5.18×
Earnings yield
-23.51%
Free cash flow yield
-14.05%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
57.94%
Operating margin
-31.27%
Net margin
-37.45%
Return on equity
542.34%
Return on assets
-70.62%
Return on invested capital
-207.28%

Financial health

Debt / equity
-2.64×
Current ratio
0.62×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends76%15%-46%-107%Gross margin, FY2021: 37.19%Gross margin, FY2022: 46.51%Gross margin, FY2023: 57.50%Gross margin, FY2024: 54.04%Gross margin, FY2025: 61.17%Operating margin, FY2021: 7.89%Operating margin, FY2022: -19.06%Operating margin, FY2023: 6.10%Operating margin, FY2024: -89.85%Operating margin, FY2025: -51.04%Net margin, FY2021: 13.94%Net margin, FY2022: -18.16%Net margin, FY2023: 6.60%Net margin, FY2024: -91.46%Net margin, FY2025: -53.02%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.19%. Gross margin FY2022 46.51%. Gross margin FY2023 57.50%. Gross margin FY2024 54.04%. Gross margin FY2025 61.17%. Operating margin FY2021 7.89%. Operating margin FY2022 -19.06%. Operating margin FY2023 6.10%. Operating margin FY2024 -89.85%. Operating margin FY2025 -51.04%. Net margin FY2021 13.94%. Net margin FY2022 -18.16%. Net margin FY2023 6.60%. Net margin FY2024 -91.46%. Net margin FY2025 -53.02%.

Income trends

Revenue

321.56M USD+233.16%

Operating income

−164.11M USD-89.24%

Net income

−170.48M USD-93.13%
Income trends across reported periods370.76M USD173.95M USD−22.87M USD−219.68M USDRevenue, FY2021: 122.79M USDRevenue, FY2022: 75.52M USDRevenue, FY2023: 202.44M USDRevenue, FY2024: 96.52M USDRevenue, FY2025: 321.56M USDOperating income, FY2021: 9.69M USDOperating income, FY2022: −14.4M USDOperating income, FY2023: 12.36M USDOperating income, FY2024: −86.72M USDOperating income, FY2025: −164.11M USDNet income, FY2021: 17.12M USDNet income, FY2022: −13.71M USDNet income, FY2023: 13.36M USDNet income, FY2024: −88.27M USDNet income, FY2025: −170.48M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 122.79M USD. Revenue FY2022 75.52M USD. Revenue FY2023 202.44M USD. Revenue FY2024 96.52M USD. Revenue FY2025 321.56M USD. Operating income FY2021 9.69M USD. Operating income FY2022 −14.4M USD. Operating income FY2023 12.36M USD. Operating income FY2024 −86.72M USD. Operating income FY2025 −164.11M USD. Net income FY2021 17.12M USD. Net income FY2022 −13.71M USD. Net income FY2023 13.36M USD. Net income FY2024 −88.27M USD. Net income FY2025 −170.48M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue321.56M USD96.52M USD202.44M USD75.52M USD122.79M USD
Cost of goods sold124.86M USD44.36M USD86.03M USD40.39M USD77.13M USD
Gross profit196.7M USD52.16M USD116.4M USD35.12M USD45.66M USD
Research and development15.53M USD12.84M USD9.7M USD12.35M USD4.94M USD
Selling, general, and administrative345.28M USD126.03M USD94.34M USD32.11M USD28.3M USD
Operating expenses360.81M USD138.88M USD104.05M USD49.52M USD35.97M USD
Interest income5.45M USD3.49M USD1.82M USD614.43K USD
Interest expense11.83M USD2.37M USD3.66M USD694.37K USD609.51K USD
Depreciation and amortization13.32M USD7.83M USD5.61M USD592.92K USD248.31K USD
Operating income−164.11M USD−86.72M USD12.36M USD−14.4M USD9.69M USD
Net income−170.48M USD−88.27M USD13.36M USD−13.71M USD17.12M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
60%
3 beats, 2 misses, 0 met estimates
Average EPS surprise
-77.45%
5 comparable reports
Latest EPS result
-0.13
Estimate -0.15 · Beat by 10.34%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.07-0.25-0.43-0.61Q3 '25MissQ4 '25BeatQ2 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q3 2025, reported Aug 14, 2025: actual -0.57, estimate -0.26, surprise -119.23%, Miss. Q4 2025, reported Nov 13, 2025: actual -0.25, estimate -0.26, surprise +3.85%, Beat. Q2 2026, reported Apr 30, 2026: actual -0.466, estimate -0.11, surprise -323.64%, Miss. Q2 2026, reported Jun 11, 2026: actual -0.082, estimate -0.14, surprise +41.43%, Beat. Q3 2026, reported Aug 4, 2026: actual -0.13, estimate -0.145, surprise +10.34%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate -0.08, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates143.72M117.84M91.95M66.07MQ3 '25BeatQ4 '25BeatQ2 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q3 2025, reported Aug 14, 2025: actual 87.64M USD, estimate 71.6M USD, surprise +22.40%, Beat. Q4 2025, reported Nov 13, 2025: actual 76.54M USD, estimate 71.6M USD, surprise +6.90%, Beat. Q2 2026, reported Apr 30, 2026: actual 109.93M USD, estimate 94.7M USD, surprise +16.09%, Beat. Q2 2026, reported Jun 11, 2026: actual 115.11M USD, estimate 107.67M USD, surprise +6.90%, Beat. Q3 2026, reported Aug 4, 2026: actual 111.71M USD, estimate 109.67M USD, surprise +1.86%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate 138.19M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

1 institution
B. Riley SecuritiesmaintainBuy

ANGX peers

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